Taking everything into account, INGN scores 0 out of 10 in our technical rating. INGN's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- When comparing the yearly performance of all stocks, INGN is a bad performer in the overall market: 90% of all stocks are doing better.
- INGN is part of the Health Care Equipment & Supplies industry. There are 186 other stocks in this industry, of which 63% are performing better than INGN.
- INGN is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index however is also trading in the lower part of its yearly range, so it may just be a bad time for stocks in general.
- In the last month INGN has a been trading in the 5.69 - 7.46 range, which is quite wide. It is currently trading near the lows of this range.
The technical rating of INGN is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
5.94
We can see 3 important resistance areas.
- A resistance zone ranging from 6.01 to 6.03. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @6.78 from a trend line in the daily time frame.
- Resistance @7.62 from a trend line in the weekly time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for INGN is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for INGN is down. |
| ChartMill Relative Strength | 10.5 | NEGATIVE | INGN has a low relative strength, it was outperformed by 89.5% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of INGN is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of INGN is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of INGN is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 39.01 | NEUTRAL | The RSI value for INGN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests INGN has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 19.38 | OVERSOLD | The low Stochastics value suggests INGN may be oversold. |
| Average True Range in percent/ATR (20) | 4.79 | MEDIUM VOLATILITY | The ATR as a percentage value for INGN suggests some volalility. |
| Average Directional Index/ADX (14) | 27.75 | POSITIVE | The high ADX value value for INGN suggests a strong trend. |
6
+0.1 (+1.69%)
INOGEN INC / INGN FAQ
What is the technical rating for INGN stock?
ChartMill assigns a technical rating of 0 / 10 to INGN.
What is the trend direction for INGN stock?
The current trend direction for INOGEN INC (INGN) is Bearish.
What is the RSI signal for INOGEN INC (INGN) stock?
INOGEN INC (INGN) has an RSI value of 39.0053. This indicates that the stock is currently neutral.
Can you provide the short term momentum for INOGEN INC?
The short term momentum for INOGEN INC (INGN) is negative.
What is the buy/sell signal for INOGEN INC (INGN) stock?
The buy/sell signal for INOGEN INC (INGN) is sell as both the short term and long term trends are negative.